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Welcome to the UK property market

We have helped foreign nationals from all over the world seeking to purchase property in the UK.

What can I borrow?

Offshore mortgage lenders will look at what you earn from a wide range of sources as well as your world-wide assets. Your outgoings will be assessed with some lenders able to lend up to 5.5 times your income

Which mortgage?

This is where we come in. Our expert brokers will advise you which lender, whether Private Bank or Specialist Offshore lender, and which offshore mortgage, whether in Sterling, foreign currency or asset-backed, is right for you.

How we help

We don’t just pick a mortgage product, we provide expert advice and exceptional service throughout the whole process. And we’ll always be there should you ever need us for any other financial matter.

Important information

Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.
A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances.
A typical fee is £495.

So, how do offshore mortgages work?

Offshore mortgages can be tax-effective for a certain category of borrower seeking to purchase property in the UK. We have many clients who are either foreign nationals, domiciled abroad or simply receive a large share of their income from overseas, and it is often the case that these clients find an offshore mortgage to be the most effective means of taking out a loan. Offshore mortgages can also be ideal for non-UK registered businesses including LLPs and trusts.

Offshore mortgages are also a good choice for people with a lack of UK credit history, for example, expats that have been working abroad. Typically if you haven’t lived in the UK for over three years finance companies cannot run a credit check through the likes of Experian, Equifax or TransUnion. Offshore lenders are aware of this and have adjusted their mortgage application and underwriting procedures to reflect this.

Types of property

Offshore mortgages are typically used to buy a residential property in the UK so when you or relatives come to visit you have a place to stay. This is ideal for those who visit the UK regularly or travel to the UK for work to avoid the cost of hotels or the hassle of short term lets. It may often be used for children who are in higher education in the UK.

We can also provide options for people seeking an offshore mortgage for buy to let properties within the UK.

Due to recent tax changes in the law and the complexities of an offshore mortgage, you should always seek personal tax advice. Generally speaking, people who can apply for an offshore mortgage include UK resident non-domiciled individuals and non-UK residents. We would be glad to refer you to some of the most reliable tax experts available, should you require it.

Essentially, whichever way you wish to structure your mortgage – offshore, through a limited company or offshore trust, in sterling, or in another currency – we can assist.

We have developed close contacts with several of the main offshore mortgage lenders and private banks with offices based outside of the UK. They take a ‘blank sheet of paper’ approach to underwriting, treating each client as unique and thereby designing a mortgage specific to your individual needs. This often results in mortgages that are significantly better than those available on the wider market.

They are able to lend in Sterling as well as all the major currencies if you prefer to borrow in a foreign currency.

Through ‘back-to-back’ loans, it is possible to effectively borrow 100% of the mortgage amount, so that money does not have to be brought into the UK. This can be achieved by depositing cash, shares or other assets with offshore banks.

Offshore company loans can be arranged through various international jurisdictions, whether it’s through the Channel Islands, BVI, Bahamas, Luxembourg or any other location that is required. Most offshore lenders are happy to lend to British Overseas Territories and Crown Dependencies. Complex trust structures can also be catered for.

Offshore mortgages require a professional adviser who has experience in understanding the needs of clients like you. Knowledge of how the offshore mortgage lending community works, the type of documentation they are likely to ask for as well as having the tenacity to negotiate the very best rates on your behalf are key.

Many of our brokers dealing in offshore mortgages have been doing this since 1993. They have established relationships with lenders, solicitors and surveyors over the years which mean we can cut through the noise and obtain quick decisions which can be relied upon. This is essential in the high demand UK property market, and especially where we’re based in London.

Our brokers will guide you through the intricacies of the market, being with you to help negotiate both the property price and your financial terms, as well as recommending trusted partners such as Property Finders, Surveyors and Solicitors.

And it doesn’t stop there. Our team will be on hand to smooth the whole process through to exchange, completion and beyond.

An offshore mortgage is a mortgage for a UK based property however the money is lent to an offshore entity. This could be a company based in another country, foreign nationals or ‘non-domiciled’ residents.

An overseas mortgage however is a mortgage that has been applied for and accepted in another country for a property in the same country. For example, this could be a holiday home in Spain where the mortgage has come from a Spanish lender. If you’re looking to purchase a holiday home abroad for you and your relatives or a purchase a property for the short term rental market then an overseas mortgage is for you. Get in touch with one of our mortgage advisors who will be happy to answer any questions you have


How much can I borrow?

Annual Salary (£)

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132 reviews


Ashish Misra

"Got in touch with first Craig Smith and later on with Hannah Lee. Both are amazing..."

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Ashish Misra
Got in touch with first Craig Smith and later on with Hannah Lee. Both are amazing with their availability, communication and response. I wish I could talk about another mortgage with them ;-). Will recommend them to anyone I know is in need of a mortgage.

Matilda Waters

"I was a first-time buyer and Alex Dowding was so helpful and supportive throughout the whole..."

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Matilda Waters
I was a first-time buyer and Alex Dowding was so helpful and supportive throughout the whole process, offering advice and providing guidance on the various processes. Really appreciated the speed at which Alex found and secured the mortgage, so I was able to act very quickly in securing the property. Alex was also super easy to get hold of throughout, and no question was too small. Thanks!

Oya Gurpinar

"Colette Thorn and Robert Lawson were fabulous and made the process easy to understand . I..."

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Oya Gurpinar
Colette Thorn and Robert Lawson were fabulous and made the process easy to understand . I would highly recommend Coreco, they went above and beyond for me, when they did not have to and chased on my behalf things that were out of their control with incompetent people not completing basic tasks.

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